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you may think that's bad news for the economy. over the long run that's true but in firs lowbut low productis an omen. >> good to see you. six big global banks accused of colluding to create line libor, setting the interest rate from everything, student loans to credit cards. citibank will play another $95 million as part of the settlement. as debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the letter to keep from making speculative trades. they can't use your fossed mountain or cheaper borrowed money for trading. i have a full plate today but as we get close for next tuesday i'm going to make sure that we explain the control rule to you. doctor, doctor, why won't you take my obama insurance. why many physicians fear obama will hurt their bottom line and they've decided not to participate. and then pay your damn parking tickets. we'll have that story when we return. >> more than 29 the thousand americans enrolled in health plans over the weekend. that's
you may think that's bad news for the economy. over the long run that's true but in firs lowbut low productis an omen. >> good to see you. six big global banks accused of colluding to create line libor, setting the interest rate from everything, student loans to credit cards. citibank will play another $95 million as part of the settlement. as debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the letter to keep...
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Dec 6, 2013
12/13
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five years later, our economy has steadily grown. this is have created nearly a million jobs over the past 44 months. our housing market is recovering. and our financial system is stronger and once again an engine for economic growth. a lot of progress has been made and one of the main drivers has been extensive work of agencies and regulators to repair a badly damaged financial system. as regulators complete the remaining core element of wall street reform, there are four things we need to keep in mind. first, the rules of the road must be effective and designed to address the modern financial markets. second, we must make sure that regulators have the resources necessary to get the job done and that they are held accountable. third, other countries need comparably strong standards and mechanisms to address risks that reach across borders. and finally, we must remain vigilant to potential new threats constantly monitoring the way risks change and evolve and pursuing reforms to reduce risks stemming from both traditional banking and
five years later, our economy has steadily grown. this is have created nearly a million jobs over the past 44 months. our housing market is recovering. and our financial system is stronger and once again an engine for economic growth. a lot of progress has been made and one of the main drivers has been extensive work of agencies and regulators to repair a badly damaged financial system. as regulators complete the remaining core element of wall street reform, there are four things we need to...
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Dec 3, 2013
12/13
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stock market because the economy is still weak and vulnerable. schiller said he's not sounding the alarm yet but avoids financials and technology. >>> many americans do their investing exclusive italy through mutual funds and retirement plans and some of them are increasingly worried that 401s will not carry them through retirement. some are moving through funds in rand out like a trader buys and sells stocks. this is getting a thumbs up from some investors but a thumbs down from financial investors who guide money. >> she figures she'd need 4 million to have a financially secure retirement. >> top of my list, china, new zealand, africa, antarctica, i want to be able to go freely and not pinch pennies. >> sandy who does not believe social security will be around has been saving money for nearly 20 years. even though she paid close attention to the markets and actively managed the fund she realized the rate her money was going she wouldn't have enough for her golden years. >> i'm not going to save $4 million out of what i don't spend on food and s
stock market because the economy is still weak and vulnerable. schiller said he's not sounding the alarm yet but avoids financials and technology. >>> many americans do their investing exclusive italy through mutual funds and retirement plans and some of them are increasingly worried that 401s will not carry them through retirement. some are moving through funds in rand out like a trader buys and sells stocks. this is getting a thumbs up from some investors but a thumbs down from...
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Dec 6, 2013
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i want to emphasize that although the economy has improved, it is far from a healthy economy that provides job opportunities for all who need and want to work, particularly the long-term unemployed. unemployment remains higher than it was before the recession and it has kicked down a little bit since the last time the program was renewed but in reality, that's because of labor force dropouts as opposed to a real decline in unemployment. if we included all the missing workers in our unemployment count, unemployment today would be 11%. this is not the kind of economy in which people struggling with long-term unemployment can find jobs. there are still officially three unemployed workers for every single job opening which means each month to out of three unemployed workers is completely out of luck when it comes to finding a job. second, i want to talk about the demographics of the long-term unemployed because this is important. the demographics are part in it are part of who lost jobs first and who suffered the most. while unemployment has cut across every demographic rubin our economy, work
i want to emphasize that although the economy has improved, it is far from a healthy economy that provides job opportunities for all who need and want to work, particularly the long-term unemployed. unemployment remains higher than it was before the recession and it has kicked down a little bit since the last time the program was renewed but in reality, that's because of labor force dropouts as opposed to a real decline in unemployment. if we included all the missing workers in our unemployment...
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pay a lot of taxes, spend a lot of money in the stores and restaurants and create a big chunk of our economy and we take tax revenues from those people to help people throughout the entire rest of spectrum. >> we billionaires are new york city. whereas new york is yankee stadium with the best seats bought up by bankers who don't even use them. new york is the statue of liberty. closed for a private event. >> jon: that was closed because of hurricane sandy. >> that's what they told you because you were not invited. >> jon: what was the event? >> i can't tell you but it was a secret sex party with masks. i don't know who i was having sex with a woman who looked like sumner redstone with a mask on p. the point is he is going to turn this city into a living hell. >> jon: he's not. all he is doing is adding a half percent tax increase on wealthier residents for pre,-k. >> a living hell. new yorkers traveling underground packed together in urine scented sub terrainan sewage trolleys and line up to eat wet tubes of meat dispensed from soviet era metal carts. ew. >> jon: i think you are describing h
pay a lot of taxes, spend a lot of money in the stores and restaurants and create a big chunk of our economy and we take tax revenues from those people to help people throughout the entire rest of spectrum. >> we billionaires are new york city. whereas new york is yankee stadium with the best seats bought up by bankers who don't even use them. new york is the statue of liberty. closed for a private event. >> jon: that was closed because of hurricane sandy. >> that's what they...
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gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> welcome back. we're talking about the pope francis effect and how the new pope is making waves and the globe, how do you not when you marriage. there is a lot of talk about what about pope's position is if these topics so we're going to try to clarify. father john what are the positions that the pope has issues? >> first of all he has talked about all these issues and by the way he is not backing away from the traditional teachings of the church. he believes it has to be put in the context of what he feels is the first proclamation, th
gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and...
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. >> the other issue obviously is the economy. >> the economy remains the single biggest concern. >> washington consistently failed to act. >> these asperities have become too big to ignore. >> making an action across the board. >> raising minimum wage, assistance to the long-term unemployed. something of a warning call to the american dream. >> it is not simply a moral claim. >> it's rooted in the personal. >> so we can make a difference on this. >> there are 19 shopping days to find health insurance on the government exchange. 29,000 people reportedly completed the application and selected a health plan on the federal exchange on sunday and monday but we don't exactly know how many of them completed the purchase and have paid their first premium. today, president obama told young supporters at the affordable care act youth summit how they can help make health care reform a success. >> the truth is, that for your friends and family, the most important source of information is not going to be me. it's going to be you. they are going to trust you if you're taking them on a website, wa
. >> the other issue obviously is the economy. >> the economy remains the single biggest concern. >> washington consistently failed to act. >> these asperities have become too big to ignore. >> making an action across the board. >> raising minimum wage, assistance to the long-term unemployed. something of a warning call to the american dream. >> it is not simply a moral claim. >> it's rooted in the personal. >> so we can make a difference on...
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the economy is broken. every marriage is broken. nothing is perfect on this planet. we shouldn't expect it. that's why we pray i will be done on earth as in heaven because in heaven god's will is done per if he cannily. on earth it's done rarely. that's why we pray god thy will be done on earth as in heaven. now, if we're looking for the answer to the question why in order to feel good, even if you know why, it's not going to take away your pain. so stop asking why. you see, if kay were to drop dead tomorrow and i were to know the reason why, it wouldn't make it any less painful. explanations never comfort. god specializes in turning curse fictions into resurrections. he specializes in bringing good out of bad. anybody can bring good out of good. god specializes in bringing good out of bad. i can see how god brought good out of the terrible badness of my son's suicide. it's made me more sensitive. i'm much more sensitized to people's pain. >> are you a better pastor do you think because -- >> without a doubt. >> because of the steering agony you've had -- >> without
the economy is broken. every marriage is broken. nothing is perfect on this planet. we shouldn't expect it. that's why we pray i will be done on earth as in heaven because in heaven god's will is done per if he cannily. on earth it's done rarely. that's why we pray god thy will be done on earth as in heaven. now, if we're looking for the answer to the question why in order to feel good, even if you know why, it's not going to take away your pain. so stop asking why. you see, if kay were to drop...
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our economy is improveth. we have double our production of clean energy, doubled our production of traditional energy sources. we are on the brink of being energy independent as a country our size to be. we have the best researchers, scientists on earth, and the most innovative companies on earth. we're still the envy of the world. i continue to have great confidence in our capacity. this city washington is grid locked and spends too much time worried about the next election and not enough worried about the next generation. what jack kennedy understood as well. that's the american people. we go through these periods where our politics gets all balanced up. the truth is sometimes we're nostalgic about the past. >> i am. >> i know you are. if over and over again they see they are not addressing the core problems we have, eventually they will put in place folks who are serious about getting the work done. >> let's talk about the problem with the legislative branch. the nature of america is an aisle down the cente
our economy is improveth. we have double our production of clean energy, doubled our production of traditional energy sources. we are on the brink of being energy independent as a country our size to be. we have the best researchers, scientists on earth, and the most innovative companies on earth. we're still the envy of the world. i continue to have great confidence in our capacity. this city washington is grid locked and spends too much time worried about the next election and not enough...
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Dec 8, 2013
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that's very damaging to our economy. estimates are that every dollar invested in unemployment insurance pays back 1.6 to $2 in added growth of gdp. secondly, we know that unemployment insurance is an effective anti-poverty tool and we care about that in this country. the census bureau reported that in 2012, unemployment insurance alone kept 1.7 million americans out of poverty including close to half a million children. as congresswoman del lore row said, it is scandalous that in the richest nation in the world that one in six americans is living in poverty. and the least that this congress can do is make sure that it doesn't exacerbate that problem by cutting off the vital income that millions of americans rely upon. finally, i want to just put to rest the kin nard that long-term unemployment insurance keeps people unemployed. number one, that reflects that people who say that don't understand how unemployment is officially counted. one is only counted as unemployed if one is looking for work. the long-term program requ
that's very damaging to our economy. estimates are that every dollar invested in unemployment insurance pays back 1.6 to $2 in added growth of gdp. secondly, we know that unemployment insurance is an effective anti-poverty tool and we care about that in this country. the census bureau reported that in 2012, unemployment insurance alone kept 1.7 million americans out of poverty including close to half a million children. as congresswoman del lore row said, it is scandalous that in the richest...
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you know the commandment thou shalt not kill he talks about that in relationship of an economy of seclusion and equality that kills. that's the pope's words not my own. i think the pope realizes there's been some distorted messages sent out in terms of the whole gospel of life, the consistent ethic of life and i think he is trying to rebalance that conversation in a powerful way and i think he's been successful on that. >> katherine on twitter says, the pope has a new attitude but not new doctrine. giselle says, let women become catholic priests. and then shift away from hot button topics, the media still guys these ah as quote unquote issues. sister janine, the pope has told the priests to be more quote unquote welcoming. do you see changes happening in your future? >> the change has to come at the local level. the pope has said, we should stop obsessing about gay marriage. now what that would translate in our culture in the united states is that our united states bishops need to kind of tone down their rhetoric, many and their opposition -- and their opposition to same-sex marriage and in
you know the commandment thou shalt not kill he talks about that in relationship of an economy of seclusion and equality that kills. that's the pope's words not my own. i think the pope realizes there's been some distorted messages sent out in terms of the whole gospel of life, the consistent ethic of life and i think he is trying to rebalance that conversation in a powerful way and i think he's been successful on that. >> katherine on twitter says, the pope has a new attitude but not new...
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. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in this country running their exchanges and expanding medicaid. i think it will work really well then. >> there you go, 2017. that's right around the corner, kids. >> it's going to be awesome when he's out of office, that's what he's saying. >> if we just believe in the greater good, this will work out. >> just remember, it took medicare a good six or seven years before it got settled down to work. >> now it works. >> don't you think it does? >> no. >> you want to privatize it, don't you? >> i would like to. >> that's not what paul ryan says. >> let's not minimize what it is. i'm saying let people ke
. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in...
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their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas. and larry kudlow always has new ideas, even if they're conservative. >> i appreciate that and appreciate your honesty. republicans are licking their chops about the elections coming up in 2014, roughly a year from now. we're going to talk more about that later in the show. what i want to ask you is, what can you do for a simple, transparent, compassionate response to the breakdown of obama care? i have an answer. but i want you to go first. >> well, with any health reform proposal, we have to look first at the root cause of the proble
their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas....
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. >> there is increasing pressure on the ukrainian president as to the country's economy being in session. two dozen states are bundling up to ward off bitter temperatures. arctic air is chilling 32 million people. snow, ice and winds are making roads dangerous. major midwest cities are bracing for power outages. in montana wind chill readings hit minus 30. >>> today it's going to be a mess for a lot of people across the nation in terms of snow, freezing rain, cold temperatures. let's start with the snow. you can see how it's been moving across parts of minnesota and wisconsin. and the great lacks. we expect to see up to 20 inches of snow in that location over the next 24 hours. if you are driving on the highways near the border be careful. up here to the north-west. not a lot of snow left. cold air is coming into place, cooling down the places well below average. no snow you can see here on the forecast map for thursday. take a look at the temperatures for seattle. we'll see barely above freezing. high temperatures on saturday. overnight lows going into the teens for many there. you may
. >> there is increasing pressure on the ukrainian president as to the country's economy being in session. two dozen states are bundling up to ward off bitter temperatures. arctic air is chilling 32 million people. snow, ice and winds are making roads dangerous. major midwest cities are bracing for power outages. in montana wind chill readings hit minus 30. >>> today it's going to be a mess for a lot of people across the nation in terms of snow, freezing rain, cold temperatures....
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republicans continue to focus on strengthening the economy for middle class citizens. >> a fundamental difference there. republicans saying there are other ways to help americans, democrats pushing for the extension while trying to work on broader economic issues. >> libby casey thank you. >>> tomorrow the labor department releases the jobs numbers for november. >>> some fast-food workers are on the picket line instead of working today. strikes are taking place in in about a hundred cities. the dedemand, higher pay. tonya mosley shares the story of a 35-year-old mother of three raising her family on $9.31 an hour. >> it's 2:00 and mya molina's five-hour shift at kfc is over. she is off to pick up her youngest son from day care before heading home. and with no time to take off her uniform, she headed to the kitchen to make a snack. >> they look to me. they don't have no one else to look to. >> for the last five years the 35-year-old single number of three has been making $9.31ing cents an hour. >> i'm the definition of the working poor as they say. >> her job helps but doesn't cover the
republicans continue to focus on strengthening the economy for middle class citizens. >> a fundamental difference there. republicans saying there are other ways to help americans, democrats pushing for the extension while trying to work on broader economic issues. >> libby casey thank you. >>> tomorrow the labor department releases the jobs numbers for november. >>> some fast-food workers are on the picket line instead of working today. strikes are taking place in...
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our economy is improving. we have doubled our production of clean energy. doubled our production of traditional energy sources. we are on the brink of being as close to energy independent as any country our size could be in a very long time. we still have the best universities on earth, best researches and scientists on earth and most innovative companies on earth. and we're still the envy of the world and the one indispensable nation. i continue to have great confidence in our capacity to solve our problems. there is a specific challenge that we've got. and that is a congress. and this city, washington, that is grid locked and spends too much time worrying about the next election, and not enough time worrying about the next generation. and you know, the solution to that is ultimately what was envisioned by our founders and what jack kennedy understood, as well. and that's the american people. you know, we go through these periods where our politics gets all boll objectioned up. and sometimes we're nostalgic about the past. >> i am. >> i know you are. but t
our economy is improving. we have doubled our production of clean energy. doubled our production of traditional energy sources. we are on the brink of being as close to energy independent as any country our size could be in a very long time. we still have the best universities on earth, best researches and scientists on earth and most innovative companies on earth. and we're still the envy of the world and the one indispensable nation. i continue to have great confidence in our capacity to...
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Dec 8, 2013
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our economy is improving. we have doubled our production of clean energy. doubled our traditional energy sources. we are on the brink of being as close to energy independent as any country our size could be in a very long time. we still have the best universities and companies on earth. we're the envy of the world. so i continue to have great confidence in our capacity to solve our problems. there is a specific challenge that we've got. that is a congress and this city, washington, that is gridlocked and spends too much time worrying about the next election and not the generation. the solution to that is ultimately what was envisioned by our founders. and what jack kennedy understood as well. and that's the american people. we go through these periods where our politics gets all bollucks up. the truth is when you look at our history, there's been a lot of times where congress gets stuck. but the reason we get through it is the american people have good instincts. if over and over again they see we're not addressing the core problems we have, eventually they
our economy is improving. we have doubled our production of clean energy. doubled our traditional energy sources. we are on the brink of being as close to energy independent as any country our size could be in a very long time. we still have the best universities and companies on earth. we're the envy of the world. so i continue to have great confidence in our capacity to solve our problems. there is a specific challenge that we've got. that is a congress and this city, washington, that is...
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the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult. catholic, what do you see for south africa as they try to move forward? this is a huge issue. >> nelson mandela was a huge, unifying figure. even in the last years of his life, he still helped people together. what will happen among these groups in the coming days and years will be critical. >> when you see south africa, do you perceive that religion still is front and center? i believe that he was in a methodist school coming out of the tribes way back. his religion still important there? >> i think that the anglican church still has a pr
the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult....
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five years ago, the united states economy was reeling from a devastating economy since the late depression -- since the great depression. our economy was shrinking at an 8.3% annual rate. credit was frozen. our auto industry was sliding toward the abyss. and millions of americans were losing their homes and their life savings. to make matters worse, to contain the damage and keep their economy from melting down completely, american taxpayers were forced to provide extraordinary assistance to financial institutions and other companies, many of which had taken risks that contributed to the economic crisis. the president faced an economy teetering on the edge. in response, he quickly moved to put out the financial fires, restore growth and get people back to work. but he was also determined to make sure that a financial crisis like this never happens again. produced the most copperheads of overhaul of our financial system since the great depression. bringing our financial system into the 21st century and creating tools to address a complex and ever-changing market -- and set of markets and in
five years ago, the united states economy was reeling from a devastating economy since the late depression -- since the great depression. our economy was shrinking at an 8.3% annual rate. credit was frozen. our auto industry was sliding toward the abyss. and millions of americans were losing their homes and their life savings. to make matters worse, to contain the damage and keep their economy from melting down completely, american taxpayers were forced to provide extraordinary assistance to...
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the economy isn't dying at all. in fact, there are more and more signs it's thriving under the president's leadership. according to the new monthly jobs report out today, the economy added more than 200,000 jobs in november. and the unemployment rate is down to 7%, lowest level in five years. the president's enemies responded to the news the only way they know how by attacking the affordable care act. well, here's only a sampling of their reactions to the good jobs news. keep in mind, these are statements supposedly about the jobs report. speaker boehner said, we need to protect all americans from the fundamentally flawed health care bill. eric cantor had this to say. quote, stop obama care from reducing hours and eliminating jobs. peter roscom of illinois said we continue to see the lost coverage, cost spikes on the strain of the president's health care law. then there's this sugar plum from tom price of georgia who dug up the old refrain that millions of americans are going to see their policies canceled. it seems
the economy isn't dying at all. in fact, there are more and more signs it's thriving under the president's leadership. according to the new monthly jobs report out today, the economy added more than 200,000 jobs in november. and the unemployment rate is down to 7%, lowest level in five years. the president's enemies responded to the news the only way they know how by attacking the affordable care act. well, here's only a sampling of their reactions to the good jobs news. keep in mind, these are...
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that people know they have food safety and security incredible and i saw an article that goes over a economy in crisis or less than one percent of imported fish is actually inspected i mean we just don't have the resources and yet something like sixty percent of the fish now serve in the u.s. i mean an enormous amounts of food are coming to this country and alec is saying no you don't even have the right to know what country it came from if you want some of it if you've heard some of the stories about how it's treated in these countries before it comes here you'd probably never eat that product again it's literally that bad some of that's where alec is working ok so that number one number two undermining worker. rights they want to they want to take right to work for us as it's been applied in the private business arena and put it on steroids in the government arena i was right exactly we saw this firsthand in my home state of wisconsin where they had the collective bargaining changes all of those sort of laws came through alec through states like wisconsin in michigan in other places so thi
that people know they have food safety and security incredible and i saw an article that goes over a economy in crisis or less than one percent of imported fish is actually inspected i mean we just don't have the resources and yet something like sixty percent of the fish now serve in the u.s. i mean an enormous amounts of food are coming to this country and alec is saying no you don't even have the right to know what country it came from if you want some of it if you've heard some of the...
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the next decade or so thanks in large part to the destruction of labor unions in the private sector economy by the one nine hundred ninety s. there was an average of only thirty five work stoppages every year and in recent years there's hardly been any in two thousand and nine there were just five stoppages and here we are today looking at two in just the last week and this is indicative of a larger trend we've seen over the last two years as not just fast food workers have repeatedly walked off the job along with wal-mart workers but also teachers in chicago poor workers in baltimore truckers in oakland slow but steady we're seeing the reemergence of the confrontational labor class this chart showing massive downfall and large labor actions it's actually trending up. which is what you would expect given the current economic situation in america given the historical in destructive levels of wealth inequality where and as a percentage of g.d.p. corporate profits have never been higher and workers' wages have never been lower and the low wage industry is now becoming the foundation of our new
the next decade or so thanks in large part to the destruction of labor unions in the private sector economy by the one nine hundred ninety s. there was an average of only thirty five work stoppages every year and in recent years there's hardly been any in two thousand and nine there were just five stoppages and here we are today looking at two in just the last week and this is indicative of a larger trend we've seen over the last two years as not just fast food workers have repeatedly walked...
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Dec 4, 2013
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it will be good for our economy. it will be good for our families. [ applause ] number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like they've got to leave just to find a job. they're communities that just aren't generating enough jobs anymore. so we put forward new plans to help these communities and their residents because we've watched cities like pittsburgh or my hometown of chicago revamp themselves. if we give more cities the tools to do it, not handouts but a hand up, cities like detroit can do it too. so in a few weeks, we'll announce the first of these promise zones, urban and rural communities where we'll support local efforts focused on a national goa
it will be good for our economy. it will be good for our families. [ applause ] number four, as i alluded to earlier, we still need targeted programs for the communities and workers that have been hit hardest by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like...
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that people know they have food safety and security incredible and i saw an article and it was over a economy in crisis or that less than one percent of imported fish is actually inspected i mean we just don't have the resources and yet something like sixty percent of the fish now served in the u.s. i mean an enormous amounts of food are coming to this country and alec is saying no you don't even have the right to know what country it came from if you want some of it if you've heard some of the stories about how it's treated in these countries before it comes here you'd probably never eat that product again and it's literally that bad to some of them but that's where alec is working ok so that number one number two undermining worker rights. they want to they want to take right to work for us as it's been applied in the private business arena and put it on steroids and the government right now to have this right exactly we saw this firsthand in my home state of wisconsin where they had the collective bargaining changes all of those sort of laws came through alec through states like wisconsin
that people know they have food safety and security incredible and i saw an article and it was over a economy in crisis or that less than one percent of imported fish is actually inspected i mean we just don't have the resources and yet something like sixty percent of the fish now served in the u.s. i mean an enormous amounts of food are coming to this country and alec is saying no you don't even have the right to know what country it came from if you want some of it if you've heard some of the...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> obama care back from the dead? >> you've got good ideas? bring them to me. let's go. but we're not repealing it as long as i'm pr
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp...
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Dec 8, 2013
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i know that you're upset with what's happening with the healthcare.gov and the economy and a whole lot of other things. i know that you see that i can't get anything done because of republicans on capitol hill. i know all these things. i'm not running away from it. i'm not trying to pretend that it's not there. i know and it has an impact on how i am as president. on how i am able to govern as president. so i get that. but the other thing i took away from that part of the interview, chris, is that it took me back to that guy who spoke to the democratic convention in boston in 2004. a very reflective person at the time. someone who had a vision of where he wanted to take the country. and that person is still there. that person, if you go back and read his 2004 keynote speech at the democratic convention, a shiver will go down your spine because you will realize barack obama then the candidate for senate was basically laying out the road map for what he would do as president. >> well, let's take a look. the personal and professional assault this president has faced cannot be understated.
i know that you're upset with what's happening with the healthcare.gov and the economy and a whole lot of other things. i know that you see that i can't get anything done because of republicans on capitol hill. i know all these things. i'm not running away from it. i'm not trying to pretend that it's not there. i know and it has an impact on how i am as president. on how i am able to govern as president. so i get that. but the other thing i took away from that part of the interview, chris, is...
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the next decade or so thanks in large part to the destruction of labor unions in the private sector economy by the one nine hundred ninety s. there was an average of only thirty five work stoppages every year and in recent years there's hardly been any in two thousand and nine there were just five stoppages and here we are today looking at two in just the last week and this is indicative of a larger trend we've seen over the last two years as not just fast food workers have repeatedly walked off the job along with wal-mart workers but also teachers in chicago poor workers in baltimore truckers in oakland slow but steady we're seeing the reemergence of the confrontational labor class this chart showing massive downfall and large labor actions it's actually trending up. which is what you would expect given the current economic situation in america given the historical in destructive levels of wealth inequality where and as a percentage of g.d.p. corporate profits have never been higher and workers' wages have never been lower and the low wage industry is now becoming the foundation of our new
the next decade or so thanks in large part to the destruction of labor unions in the private sector economy by the one nine hundred ninety s. there was an average of only thirty five work stoppages every year and in recent years there's hardly been any in two thousand and nine there were just five stoppages and here we are today looking at two in just the last week and this is indicative of a larger trend we've seen over the last two years as not just fast food workers have repeatedly walked...
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Dec 2, 2013
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these are real life problems, and these folks are already having a hard time in the economy, and their health care insurance is going up and they have to figure out how to get it. >> he just put out so much misinformation in two seconds that he can't answer. the reality is it hasn't messed up 80% of the market. the original market, which has already been broken, represents 5% of the market. a lot of those people were losing their health care on an annual basis before. we're trying to fix that. all the information about compromising your personal data, one of the great things about the affordable care act is we're not dealing with preexisting conditions. >> we're not going to settle this here and now. we're out of time, but obviously this gives you some indication to our viewers about where this debate is and how political it will remain as we move ahead perhaps into the new year. congressman rogers, congressman van hollen, thank you very much. let's get a reality check. i want to turn to dr. ezequiel emanuel. welcome to both of you. the reality test. here's the report saying dramatic p
these are real life problems, and these folks are already having a hard time in the economy, and their health care insurance is going up and they have to figure out how to get it. >> he just put out so much misinformation in two seconds that he can't answer. the reality is it hasn't messed up 80% of the market. the original market, which has already been broken, represents 5% of the market. a lot of those people were losing their health care on an annual basis before. we're trying to fix...
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Dec 4, 2013
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economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock price, all of those orders as you indicate, and what i see this becoming, unfortunately, is a race to the bottom. and that's not a race that we want our workers to be in. that's not ultimately a race that's going to be good for the u.s. economy. >> doesn't question come up about boeing's quality because the work force is there in seattle, all of the infrastructure, when i say infrastructure, i'm talking about all of the guts that are put together to put an aircraft like this together. this is going to have to be major facility construction in these other states that simply can't
economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock...
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Dec 7, 2013
12/13
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trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and ac
trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could...
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Dec 5, 2013
12/13
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instead of doing bad things to the economy, we should be doing things to help move the economy forward. we have a proposal to invest more in our national infrastructure. as do people around the country, that we have huge unmet needs in that sector. it is a win-win to get jobs moving on that front. we pay for that infrastructure by saying that spent more of the moneys that were going to be spent on nationbuilding overseas to help invest in our economy right here at home. we have built lots of roads and lots of facilities in places like afghanistan. but sale at -- we are saying let's take some of those savings and invest them at home. invest in theo jobs of the future through early education. we believe we have to replace the sequester, no doubt about it. we understand that we may not be able to replace the whole thing at once, that we need to replace it, and we need to replace it in a balanced way, a way that calls for shared responsibility, which is why we have said from the beginning that in addition to making targeted cuts, we should also look at closing special interest tax breaks t
instead of doing bad things to the economy, we should be doing things to help move the economy forward. we have a proposal to invest more in our national infrastructure. as do people around the country, that we have huge unmet needs in that sector. it is a win-win to get jobs moving on that front. we pay for that infrastructure by saying that spent more of the moneys that were going to be spent on nationbuilding overseas to help invest in our economy right here at home. we have built lots of...
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Dec 2, 2013
12/13
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it is extreme and out and given that the economy is very much driven bali government spending which is itself a function of government revenues to come from. crude oil exports limitations on crude exports stronger low economic growth is an open environment where you have a very large scale private sector that operate in all isolation from government spending to use tribal government revenues to strong growth in us exactly what has happened. i was saying is those things of the regime can control things like access to foreign exchanges and is currently doing to minimize the impact on and is able therefore to expand its own lifespan while accepting a unit of diamonds to water column. well in the aftermath of this deal we have had that western companies are once again stopping to buy the ear anymore that we are hearing that got to the oil ministry for instance has stopped and did some soul city stores all contacts with the works an old mate is to walk on of the prize is the wrong man for western companies how interested all that. well i think very very interested is the simple and so on up
it is extreme and out and given that the economy is very much driven bali government spending which is itself a function of government revenues to come from. crude oil exports limitations on crude exports stronger low economic growth is an open environment where you have a very large scale private sector that operate in all isolation from government spending to use tribal government revenues to strong growth in us exactly what has happened. i was saying is those things of the regime can control...
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there has been a structural shift in the economy. a lot of what people consider to be the good jobs, the full-time jobs for people that aren't as skilled or as educated. those have evaporated. those are the people getting left behind. to find them good jobs that have benefits. those are the people getting left behind. and it's hard to see those jobs in the future that those folks go to. that is the structural strange that's taken place during this recession. not a lot of people have a good melissa, thank you.o about >>> it's been more than 24 hours since the announcement that nelson mandela died. senior foreign affairs correspondent greg palcot has the story. >> reporter: they lit candles and laid flowers in front of his house in johannesburg. the people of south africa mourned and celebrated the father of their country, 95-year-old nelson mandela. >> the world today is lesser without him. >> reporter: the first black president of south africa was praised by the current holder of the office. >> we will always love madiba for teaching
there has been a structural shift in the economy. a lot of what people consider to be the good jobs, the full-time jobs for people that aren't as skilled or as educated. those have evaporated. those are the people getting left behind. to find them good jobs that have benefits. those are the people getting left behind. and it's hard to see those jobs in the future that those folks go to. that is the structural strange that's taken place during this recession. not a lot of people have a good...
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it's going to actually constrict the economy. so all these assaults on government and what the government does are really, you know, efforts to hurt ourselves to constrain it growth. and that's what was so important about the president's speech. he's making clear how we're all better off when we ensure that everyone can reach their opportunity, that everyone can reach their full potential. and i thought that's why i agree with congressman fattah. >> at every level of the country. i'm going to have to leave it there. thank you both for your time. >>> coming up. it's working! new obama care numbers show a surge. and republicans can't take it. so they're recycling their old tactics. >>> plus, get this one. speaker boehner is blaming democrats for obstruction. sounds out of this world, right? well, today a real connection between the party and outer space. >>> and from cutting food stamps to bill o'reilly saying jesus would not be down with welfare. >>> and first dog sunny is making big news today. wait until you see why. the day we
it's going to actually constrict the economy. so all these assaults on government and what the government does are really, you know, efforts to hurt ourselves to constrain it growth. and that's what was so important about the president's speech. he's making clear how we're all better off when we ensure that everyone can reach their opportunity, that everyone can reach their full potential. and i thought that's why i agree with congressman fattah. >> at every level of the country. i'm...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. add brand new belongings from nationwide insurance and we'll replace stolen or destroyed items with brand-new versions. we put members first. join the nation. ♪ nationwide is on your side ♪ ♪ >>> welcome back to the discussion. new york retailers including macy's and barney's big department stores accused of stopping and questioning african-american customers accusing them of shoplifting or in the case of actor rob brown star of the hbo series "tremet" credit card fraud. he was handcuffed. macy's is being slapped with a subpoena from the commission on human rights new york. they are ordered to turn over their theft policies and theft data. how big of an issue do you think this is? >> i come at this from a very per
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. add brand new belongings from nationwide insurance and we'll replace stolen or destroyed items with brand-new versions. we put members first. join the...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal prosecutor. >> now to a developing story here in the city of rochester. unfair and out of line, that's what three teenerize calling their recent arrest. >> arrested in rochester, new york, last week, while committing the crime of waiting while black. >> their families athey have never been in trouble before and they shouldn't be in trouble now. >> they are members of the edison tech high school basketball team who were waiting for their school bus to take them to a scrimmage basketball game on wednesday morning. at 8:43 a.m., they were arrested and charged with disorderly co
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal...
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wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue. >> kendall who is organizing this today was on my program a couple of days ago and he talked about the fact that it was a moral imperative and we heard about it yesterday who was facing a loss of pension, but he sees these issues in those same kind of moral terms and here's something else that kendall fell said to me earlier this week. >> the thing is they work for some of the richest corporations in the world. mcdonald's made about $5.5 billion in profit and that's after they pay all of the bills and pay all of the salaries and these workers, a lot of them are living in home
wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue....